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Bedour Ibrahim
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Al-Borouj Misr Developments Assigns Savills to Manage Its Upcoming Projects in the NAC

Tuesday 30/May/2023 - 02:43 PM
أصول مصر

Al Borouj Misr Developments، one of the major developers in the New Administrative Capital of Egypt، announces the signing of an agreement with Savills Egypt، one of the leading property consultants. The signing ceremony took place today، at Al Borouj’s office in New Cairo and was attended by Mr. Osama Wagih، CEO of Al-Borouj Misr Developments and Catesby Langer-Paget، Head of Savills Egypt.  

 Savills will provide Property and Tenancy Management، Leasing، Marketing، and Sales، for 6ixty Business Park & 6ixty Business Park Corporate

Under this strategic collaboration، Savills Egypt will extend its comprehensive range of services to Al-Borouj Misr، including Property Management، Tenancy Management، Leasing، Marketing، and Sales for 6ixty Business Park and 6ixty Business Park Corporate projects. This collaboration will allow Savills to assist Al-Borouj Misr in optimizing the performance and value of their assets under Savills’ management، while ensuring exceptional experiences for tenants and customers.

With an investment over EGP 4 billion and located in the heart of the New Administrative Capital، these innovative projects are set to become prime destinations for businesses seeking modern، efficient، and sustainable offices، commercial units، and medical clinics.

Mr. Osama Wagih، CEO of Al-Borouj Misr Developments، expressed his enthusiasm for the collaboration، stating، "We are thrilled to partner with Savills Egypt، a renowned name in the global real estate industry. 

Their expertise and extensive range of services perfectly align with our vision for creating exceptional developments in the New Administrative Capital. We are confident that Savills' comprehensive approach will enhance the value proposition of our projects and ensure a seamless experience for our clients."

Catesby Langer-Paget، Head of Savills Egypt، highlighted the significance of this collaboration، saying، "Entering this contractual agreement with Al-Borouj Misr further strengthens Savills' commitment to delivering world-class services in Egypt's real estate sector. 

We are proud to work with a prominent developer like Al-Borouj Misr and contribute to the success of their landmark projects. This collaboration reflects our deep knowledge of the local market and our ability to provide tailored solutions that drive growth and value for our clients."

The signing of this agreement marks a significant milestone for both Savills Egypt and Al-Borouj Misr Developments، as they join forces to unlock the full potential of the New Administrative Capital's real estate market. This collaboration sets the stage for future successes and cements Savills Egypt's position as a trusted partner in the region's real estate landscape.

Corina Stamate، Head of Property Management at Savills Egypt، shared these concluding remarks during the signing ceremony، "We are excited to be entrusted with the management of Al-Borouj Misr's projects، 6ixty Business Park and 6ixty Business Park Corporate. We are confident in our ability to optimize the performance and value of the assets، ensuring a coherent market positioning adapted to the development type، asset classes and location within the New Admin Capital. Our dedicated team will ensure the highest standards of operations، service delivery، creating thriving environments for businesses، maximizing returns for investors and ensuring a proper customer journey inside the managed projects."